Loan defaults in the Debt service

The Debt service of WebMoney - is an automatic
service for management of debt relations between the members of WebMoney
Transfer.

After adding a new contact to your list, you may set theTrust Limit,
i.e. allow your contact using funds from the selected purse in assigned amount
and under assigned conditions.

If the borrower failed to return the loan by the due date, the lender may
take the following actions:

Perform forced debt repayment using means of Debt service. The terms of
service provide the opportunity to repay the loan in a forced order or withdraw
funds from the purses of the borrower to the lender, or due to open limits of
other contacts of the Borrower.

If there are funds on the purses of the Borrower, the loan will be repaid.
If the purses do not have enough money to repay, the system will involve
other trust limits, open to the debtor by other system members.

In this case, the Borrower acknowledges these transactions as committed on
their behalf and certified by an analogue of a handwritten signature.

Block borrower until full repayment of the debt. In the event of failure to
return the loan and if the debtor has no assets and other trust limits,
the lender may block the borrower until full repayment of the debt and
enter into negotiations with him/her on the return of the debt on the loan.

We will attempt to return the loan. And if the return failed, you will see
the enabled button "Block the debtor". After blocking, any debit transactions
from purses of the borrower will be not available, except for operations on
returning the loan.

Sell a debt obligation (Paymer) Obligations Exchange. If the lender in
any way fails to return the overdue loan, he/she can get registered in the
Paymer system borrower's obligation to repay the remaining funds and transfer
it to the Exchange for the debt to sell.